CADJPY fell sharply because of the country's recessionCurrently, data is showing that Canada will avoid a full recession this year. According to forecasts by consulting firm RSM Canada, the probability of a recession in the next 12 months is now at 60%, down from 75% at the beginning of this year. Furthermore, that probability may decrease further in the coming days. After three years of dramatic economic change, Canada is on a path to steady, if slower, growth. According to the International Monetary Fund (IMF), the country's Gross Domestic Product (GDP) is expected to increase 1.7%/quarter this year and 1.4%/quarter next year.
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CADJPY LONG TERM TRADING IDEAHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on CADJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill that huge imbalance lower and then to reject from bullish order block.
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Daily Wave Rider - CADJPY - BUYCADJPY
Channel: GREEN
WK Pivot: GREN
AOB: WR1
CON: IB
BUY Stop: 110.905
Stop Loss: 110.425
TP01: 111.385
TP02: 112.345
DWR present as a buy setup on 29SEP, with Channel and Pivot are green bouncing off weekly resistance line
However, trade is not taken/considered as analysis shows OIL is heading on the downside this week
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
CADJPY 28/09 MovePair : CADJPY ( Canadian Dollar / Japanese Yen )
Description :
Completed Corrective Waves " ABCDE " after Impulse. Rising Wedge as an Corrective Pattern in Short Time Frame and Long Time Frame , It is Rejecting from the UTL in Long Time and If it Breaks the Lower Trend Line in Short and Retrace then Sell
Daily Wave Rider - CADJPY - BUY CADJPY
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: SBB
BUY Stop: 110.697
Stop Loss: 109.830
TP01: 111.564
TP02: 113.298
DWR present as a buy setup on 26SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered analysis shows OIL is heading on the downside this week
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
CAD JPY BATSo, we have a complete bat, and it's a biggy. So far it has behaved itself but this particular pattern can be tough as to where to gauge a SL. I've opened my sell and you can see my TP's. Ideally, you should wait for the candle to close below the previous week high, retest and then drop.
Published 25th September 2023 17:00 UTC+1
Daily Wave Rider - CADJPY - BUYCADJPY
Channel: GREEN
WK Pivot: GREEN
AOB: EMA10
CON: SBB
BUY Stop: 110.446
Stop Loss: 109.347
TP01: 111.545
TP02: 113.743
DWR present as a buy setup on 25SEP, with Channel and Pivot are green bouncing of EMA10
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL
CADJPY BUYS in play.CADJPY BUYS in play.
1. Potential Bullish Trend.
2. CAD is strong meanwhile JPY is weak.
3. Short term sellers pressure.
We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY Long Term SELLING Trading IdeaHello Traders
In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET
today CADJPY analysis 👆
🟢This Chart includes_ (CADJPY market update)
🟢What is The Next Opportunity on CADJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CADJPY 1000 PIPS SELLING Opportunity❤️Hey Everyone, hope all of you had great weekend, after looking most of the JPY pairs, it is clear that all of them recently overbought due to JPY weakening day by day since last 2-3 months. However, a strong bearish Impulse is expected.
Price needs to show an indication of strong bearish behaviour before finalising or taking any further actions.
Good Luck And Trade Safe❤️